Hedge fund investors are beginning to look beyond the Japanese yen for funding currencies in carry trades, with the Swiss franc emerging as a potential beneficiary of recent intervention in the foreign exchange market, according to a report by Reuters.
The shift follows rare US-Japanese efforts to support the yen, which have increased the risk for investors betting on a weaker Japanese currency. The yen has traditionally been one of the preferred funding currencies for carry trades, in which inv...
Continue Reading
Sign up for FREE to read the full article and access 152K+ alternative investment headlines.
Alternative Investment News